Nischal Chaudhary is the founder of BattRE Electric Mobility.
His father worked at RPG group as a Production Manager while his mother took care of him and his younger sister as a housewife.
He was attached to his mother. When he joined Asian Paints as Territory Sales In-charge based in Jodhpur for a salary of Rs 4,000 per month in 1996, he lived on his Daily Allowance for travel and saved his salary, buying a Titan watch for his mother in the first month.
He enrolled in an MBA at Amity Business School, Noida, and later graduated from the Executive Program in Business Management at IIM-Kolkata.
Post his MBA he joined Koshika Telecomm, one of the first few telecom service operators in 1999, opening long innings in the sector.
Working in the telecom industry, he had a ringside view of the changes that dictated the rapid growth of the sector.
The manufacturing unit of BattRE in Jaipur has a capacity of 1,000 units per month. And there is a plan to set up another 1,000 capacity unit in Hyderabad, given the popularity of BattRE in South Indian states. Two new products are in the offing – a low-end product to be launched for rural India by December end and a high-speed scooter by March 2020.
Chaudhary was able to achieve his dream of starting his own company, thanks to a clutch of Angel Investors, including the ex-President of Tata Motors, Gajender Chandel. Chaudhary himself pooled in 50 percent of the overall investment of Rs 5 crore in the project.
Today, Chandel, with his experience in the field, leads Chaudhary at every turn. The sale was overseen by Pankaj Sharma, Chaudhary’s partner since his time at Essel and Airtel, who later joined as co-founder.